Log in

Mimecast Price Target, Predictions & Analyst Ratings

-0.14 (-0.33 %)
(As of 10/22/2020 12:00 AM ET)
Today's Range
Now: $42.90
50-Day Range
MA: $46.29
52-Week Range
Now: $42.90
Volume427,472 shs
Average Volume835,603 shs
Market Capitalization$2.72 billion
P/E Ratio536.25
Dividend YieldN/A

Analyst Ratings

Mimecast (NASDAQ:MIME) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
19 Wall Street analysts have issued ratings and price targets for Mimecast in the last 12 months. Their average twelve-month price target is $54.78, predicting that the stock has a possible upside of 27.69%. The high price target for MIME is $73.00 and the low price target for MIME is $38.00. There are currently 1 sell rating, 3 hold ratings and 15 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
MIME Consensus Rating: BuyBuyBuyBuy
MIME Consensus Rating Score: 2.742.782.812.88
MIME Analyst Ratings: 1 Sell Rating(s)
3 Hold Rating(s)
15 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
2 Hold Rating(s)
15 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
14 Buy Rating(s)
0 Strong Buy Rating(s)
MIME Consensus Price Target: $54.78$54.78$53.56$55.88
MIME Price Target Upside: 27.69% upside25.07% upside27.48% upside24.71% upside

Mimecast (NASDAQ:MIME) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Mimecast (NASDAQ:MIME) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
9/30/2020Summit InsightsDowngradeBuy ➝ HoldMedium
9/8/2020Loop CapitalInitiated CoverageBuy$60.00High
8/11/2020OppenheimerReiterated RatingBuy$53.00Low
8/7/2020Raymond JamesUpgradeBuy$48.00Medium
8/4/2020Monness Crespi & HardtBoost Price TargetBuy$50.00 ➝ $56.00Medium
8/4/2020Royal Bank of CanadaBoost Price TargetOutperform$48.00 ➝ $53.00Medium
8/4/2020BMO Capital MarketsBoost Price TargetOutperform$50.00 ➝ $54.00High
8/4/2020Needham & Company LLCReiterated RatingBuy$65.00High
8/4/2020BarclaysBoost Price TargetOverweight$48.00 ➝ $61.00High
8/4/2020JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$54.00 ➝ $50.00High
8/4/2020Jefferies Financial GroupBoost Price TargetBuy$50.00 ➝ $55.00High
5/12/2020SunTrust BanksLower Price TargetBuy$63.00 ➝ $56.00Medium
5/12/2020WedbushBoost Price TargetNeutral$40.00 ➝ $46.00High
5/12/2020CowenBoost Price TargetOutperform$45.00 ➝ $50.00High
4/14/2020Northland SecuritiesBoost Price TargetOutperform$55.00 ➝ $73.00Medium
3/27/2020Dougherty & CoUpgradeNeutral ➝ Buy$45.00Low
3/24/2020Goldman Sachs GroupInitiated CoverageNeutral$38.00Low
2/25/2020Robert W. BairdReiterated RatingBuy$60.00Medium
2/11/2020Rosenblatt SecuritiesBoost Price TargetBuy$57.00 ➝ $63.00High
5/31/2019Berenberg BankInitiated CoverageBuy$59.00High
5/14/2019Imperial CapitalReiterated RatingOutperform ➝ Outperform$52.00 ➝ $55.00High
4/12/2019Bank of AmericaInitiated CoverageBuy$60.00High
2/12/2019Deutsche Bank AktiengesellschaftBoost Price TargetBuy$52.00Medium
5/15/2018StephensBoost Price TargetOverweight$42.00 ➝ $50.00High
(Data available from 10/23/2017 forward. View 10+ years of historical ratings with our analyst ratings screener.)
This page was last updated on 10/23/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.